Breadth is collapsing while indices hold — revealing a dangerous disconnect. We dissect the regime shift from Cautious to Bearish, spotlight real institutional breakouts in chips and energy, and identify the exact triggers to watch for the afternoon session.

The post Midday Wave #37: Breadth Collapse, Momentum Concentration – Wednesday 4/29/2026 first appeared on WaveRider Reads: Trading Books Unpacked.